Background Capital - aVenture Asset Manager Research
Location
San Francisco, CA, US
Founded
2018
Background Capital, founded by Rafael Corrales, is a venture capital firm primarily focused on early-stage investments. The firm predominantly invests in seed rounds, with some participation in Series A and occasional pre-seed and Series B rounds. Their portfolio spans various sectors, including real estate, sustainability, fintech, and data analytics.
Notable portfolio companies include Aalto, Empora Title, and Tundra, which have raised significant funding. Background Capital's investments typically range from $2.5 million to $26 million, demonstrating their commitment to supporting startups through multiple growth stages. The firm's diverse portfolio and stage-flexible approach suggest a focus on innovative companies with high growth potential across different industries.
Background Capital - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages